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Changgao Electric Group Co LtdSHE 002452 Stock Report

Last reporting period 30 Sep, 2023

Updated 19 Sep, 2024

Last price

Market cap $B

0.631

Micro

Exchange

XSHE - Shenzhen Stock Exchange

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Changgao Financial Leverage

1.494

Last period Financial Leverage ,CNY

-27%

Financial Leverage has decreased in 5 years


What is Financial Leverage ?

Financial leverage is a multiplier that shows how much of a company's assets are financed by debts and other liabilities assumed. The higher the value of this indicator, the more often the company resorts to borrowing to purchase new assets.

What is Financial Leverage ?

Financial leverage is a multiplier that shows how much of a company's assets are financed by debts and other liabilities assumed. The higher the value of this indicator, the more often the company resorts to borrowing to purchase new assets.

What is Financial Leverage of Changgao Electric ?

Changgao Electric`s Financial Leverage for the last twelve months ended 2023-09-30 is 1.494

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